DreamFolks IPO GMP, Price, Date, Allotment

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DreamFolks IPO description – The company is India’s largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology driven platform. Its asset-light business model integrates global card networks operating in India (Card Networks), credit card and debit card issuers (Card Issuers) and other corporate clients, in India, including airline companies (Corporate Clients and along with Card Networks and Card Issuers, the Clients) with various airport lounge operators and other airport related service providers (collectively, the Operators) on a unified technology platform.

The company facilitates customers of Clients’ (Consumers) access to the following airport related services (i) lounges, (ii) food and beverage (iii) spa, (iv) meet and assist, (v), airport transfer (vi) transit hotels /nap room access, and (vii) baggage transfer, (collectively, the Services).

DreamFolks Services facilitates access to 100% of the 54 lounges currently operational in India, and also enjoyed a market share of over 95% of all India issued credit card and debit card (Card Based) access to airport lounges in FY2022. Additionally, in Fiscal 2022 it also accounted for around 68% of the overall lounge access volume in India. As at 31 March 2022, it has a global footprint extending to 1,416 Touch-points in 121 countries across the world through partnerships with other service providers.

Promoters of DreamFolks – Liberatha Peter Kallat, Mukesh Yadav And Dinesh Nagpal


DreamFolks IPO Details

Subscription Dates24 – 26 August 2022
Price BandINR308 – 326 per share
Fresh issueNil
Offer For Sale17,242,368 shares (INR531.06 – 562.10 crore)
Total IPO size17,242,368 shares (INR531.06 – 562.10 crore)
Minimum bid (lot size)46 shares (INR14,996)
Face Value INR2 per share
Retail Allocation10%
Listing OnNSE, BSE

DreamFolks Financial Performance

 FY2020FY2021FY2022
Revenue367.0105.6282.5
Expenses324.3108.3263.5
Net income31.3(1.2)16.6
Margin (%)8.5(1.1)5.9
Figures in INR crore unless specified otherwise

DreamFolks IPO News


DreamFolks Valuations & Margins

FY2020FY2021FY2022
EPS6.06(0.28)2.98
PE ratio103.56 – 109.40
RONW (%)48.36(2.25)19.78
ROCE (%)63.460.7423.99
EBITDA (%)12.471.948.46
Debt/Equity0.050.030.02
NAV15.73
As per Proforma Condensed Combined Financial Information

DreamFolks IPO GMP Daily Trend

DateConsolidated Grey PremiumKostakSubject to Sauda
5 Sep 2022952303,000
2 Sep 2022902303,000
1 Sep 2022902002,800
30 Aug 2022852002,700
29 Aug 2022651502,200
27 Aug 2022752002,500
26 Aug 2022752002,500
25 Aug 2022752002,500
24 Aug 2022702002,000
23 Aug 2022651,000
22 Aug 202260

DreamFolks IPO Subscription – Live Updates

CategoryShares OfferedDay 1Day 2Day 3
QIB51,72,7110.250.6070.53
NII25,86,3551.398.4037.66
Retail17,24,2367.9319.1043.66
Total94,83,3021.966.0956.68
Subscription figures in number of times, at 5 PM

DreamFolks IPO Reviews – Subscribe or Avoid?

Angel One – Subscribe
Anand Rathi – Subscribe for Long Term
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Canara Bank Securities – Avoid
Choice Broking –
Elite Wealth – Neutral
Geojit –
GEPL Capital – Subscribe for Long Term
Hem Securities – Subscribe
ICICIdirect – Subscribe
Jainam Broking – Subscribe
KR Choksey – Subscribe
Marwadi Financial Services –
Motilal Oswal –
Nirmal Bang – Subscribe
Reliance Securities – Subscribe
Religare Broking – Neutral
Samco Securities –
SBI Capital Securities – Subscribe for Long Term
SMC Global –
Sushil Finance – Subscribe for Medium to Long Term
Swastika Investmart – Subscribe
Ventura Securities – Neutral


DreamFolks Offer Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200 
Email: [email protected]
Website: www.linkintime.co.in


DreamFolks Contact Details

DreamFolks Services Limited
501, Tower 2, Fifth Floor,
Worldmark, Sector-65,
Gurugram – 122 018, Haryana
Phone: +91 0124 4173 560
Email: [email protected]
Website: https://www.dreamfolks.in


DreamFolks IPO Allotment Status

DreamFolks IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.


DreamFolks IPO Timetable

IPO Opening Date24 August 2022
IPO Closing Date26 August 2022
Finalisation of Basis of Allotment1 September 2022
Initiation of refunds2 September 2022
Transfer of shares to demat accounts5 September 2022
Listing Date6 September 2022
Opening Price on NSEINR508.7 per share (up 56.04% from IPO price)
Closing Price on NSEINR462.85 per share (up 41.98% from IPO price)

DreamFolks IPO FAQs

How many shares in DreamFolks IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.

How to apply in DreamFolks Public Offer?

The best way to apply in DreamFolks IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is DreamFolks IPO GMP today?

DreamFolks IPO GMP today is INR95 per share.

What is DreamFolks IPO kostak rate today?

DreamFolks IPO kostak rate today is INR230 per application.

What is DreamFolks Subject to Sauda rate today?

DreamFolks Subject to Sauda rate today is INR3,000 per application.

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